Changes

= <span style="color:#2f4f4f;"><span style="font-size:large;"><span style="margin: 0px; padding: 0px; line-height: 1.4; font-family: arial, sans, sans-serif; white-space: pre-wrap;">Purpose</span></span></span> =

<span style="color:#2f4f4f;"><span style="background-color: transparent; font-family: Arial; font-size: 11pt; white-space: pre-wrap; text-indent: 36pt;">At the beginning of each weekend, people pitch NEW ideas. Teams then self-select around particular ideas and</span></span><span style="background-color: transparent; font-family: Arial; font-size: 11pt; white-space: pre-wrap; text-indent: 36pt;"><span style="color:#2f4f4f;">develops</span><span style="color:#2f4f4f;">a problem, a solution hypothesis and a series of assumptions on which a company’s success would predicate. Rather than spend weeks developing a complete design, each team spends a few hours to create </span><span style="color:#2f4f4f;">an "</span></span><span style="color:#2f4f4f;"><span style="background-color: transparent; font-family: Arial; font-size: 11pt; white-space: pre-wrap; text-indent: 36pt;">Minimum Viable Product" (MVP) which they use to demonstrate their idea to real customers and validate their assumptions and hypotheses by collecting cash and non-monetary currency to serve as validation.</span></span>

<span style="color:#2f4f4f;"><span style="background-color: transparent; font-family: Arial; font-size: 11pt; white-space: pre-wrap; text-indent: 36pt;">With customer feedback, teams then regroup to pivot the design with their new insights in hand. The process promotes a problem-centric approach to business ideation. By continuously validating and invalidating assumptions, teams are forced to determine true customer pains; rather than finding a group whose problem matches their solution.</span></span>

<span style="color:#2f4f4f;"><span id="docs-internal-guid-20389045-e378-2544-8e20-73abdeaa5450"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The event culminates in a competition where each team pitches their new solutions and experiences using the process. The team which honors the process and gains the most insights through its pivots is selected as the winner of the weekend.</span></span></span>

=== <span style="color:#2f4f4f;"><span style="font-size:large;"><span style="margin: 0px; padding: 0px; line-height: 1.4; font-family: arial, sans, sans-serif; white-space: pre-wrap;">Impact Achieved For Students and Campus</span></span></span> ===

<span style="color:#2f4f4f;"><span id="docs-internal-guid-20389045-e359-1d72-9248-b070bf33cee5"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">For faculty and staff members, the goal of a Lean Startup training would be improving the competitiveness of certain aspects of an educational ecosystem. This could mean that through using Lean Startup Machine entrepreneurial techniques, the team of university employees would be trained in how to improve and innovate their approach to the university product - education. By innovating a learning environment, and reflecting on the university's SWOT landscape, the university is able to improve bottom-up, by first improving the teaching methods, educational and design spaces, and the performance of their students. Ultimately, this should serve to attract even more competitive students to attend this particular institution, which will, in turn, have even better methods for shaping them into outstanding individuals.</span></span></span>

=== <span style="color:#2f4f4f;"><span style="margin: 0px; padding: 0px; line-height: 1.4; font-family: arial, sans, sans-serif; font-size: 13px; white-space: pre-wrap;">Steps Required To Bring Resource to Campus</span></span> ===

<span style="color:#2f4f4f;"><span style="margin: 0px; padding: 0px; line-height: 1.4; font-family: arial, sans, sans-serif; font-size: 13px; white-space: pre-wrap;">Trevor Owens, CEO and Founder. Connect on LinkedIn:</span></span><span style="margin: 0px; padding: 0px; line-height: 1.4; font-family: arial, sans, sans-serif; font-size: 13px; white-space: pre-wrap;">[http://www.linkedin.com/in/owenstrevor <span style="color:#2f4f4f;">http://www.linkedin.com/in/owenstrevor</span>]</span>

<span style="color:#2f4f4f;">Kai Vogeler</span>

[http://universityinnovation.org/wiki/User:WillV <span style="color:#2f4f4f;">William Valentine</span>]